As of the end of 2010, the number of people leaving California hasn't been huge compared to the mid nineties (http://www.laobserved.com/biz/2011/03/fewer_californians_l.php). However, the number of companies moving out of state has been called an "exodus".3 December 1994
A: Expect gradual destruction of California economy as people begin mass exodus.
CA Business Exodus Accelerates
The California Exodus
And yeah, the economy is in shambles: http://www.businessinsider.com/reasons-to-leave-california-2010-10California is experiencing the fastest rate of of companies relocating to out-of-state or out-of-country locations since a specialized tracking system was put into place two years ago. The disturbing trend is reflected in a review of activity from Jan. 1 through April 15 of this year when 70 California company disinvestment events occurred, an average of 4.7 per week -- greater than the 3.9 average per week last year.